The Electricity Company of Ghana (ECG), is set to commence unannounced nightly swoops to clamp down on illegal users of power nationwide.
According to the power company, this move is aimed at cutting down on the increased cases of power theft throughout the year.
Speaking to JoyNews, General Manager of the Revenue Protection Unit at ECG, Michael Twum Barimah Badu, explains there will be tax forces to execute this directive.
”The first tax force has to do with the unplanned outages within the company. The second is the commercial loss reduction tax force,” he said.
The exercise is targeted at industries, entertainment centres, hotels and households who use electricity power illegally thereby, causing financial loss to the state.
“The Electricity Company is suffering a lot from power theft. When we purchase from our power suppliers, we lose about 24.6%. Out of the 24.6%, 10% is due to technical losses and a whopping 14.6% goes for commercial loses and 1% of these losses translate to approximately $17million,” he revealed.
Meanwhile, the power company has advised Ghanaians to desist from the act or face serious sanctions.
Latest Stories
-
Let’s prioritize research quality in higher education institutions for industrial growth-Prof. Nathaniel Boso
6 hours -
Herman Suede is set to release ‘How Dare You’ on April 24
10 hours -
Heal KATH: Kuapa Kokoo, Association of Garages donate 120k to support project
10 hours -
KNUST signs MOU with Valco Trust Fund, Bekwai Municipal Hospital to build student hostel
10 hours -
The influence Ronaldo has on people, Cadman Yamoah will have same on the next generation – Coach Goodwin
11 hours -
Gender Advocate Emelia Naa Ayeley Aryee Wins prestigious Merck Foundation Awards
12 hours -
South Africa bursary scandal suspects granted bail
12 hours -
Ecobank successfully repays $500m Eurobond due April 18
13 hours -
Re: Doe Adjaho, Torgbui Samlafo IV, call for Unity among Paramountcies in Anlo
13 hours -
Extortion and kidnap – a deadly journey across Mexico into the US
13 hours -
Rihanna says fashion has helped her personal ‘rediscovery’ after having children
13 hours -
Development Bank Ghana targets GH¢1bn funding for commercial banks in 2024
13 hours -
Shatta Movement apologises to Ghana Society of the Physically Disabled after backlash
14 hours -
Sammy Gyamfi writes: Tema-Mpakadan Railway Project; A railway line to nowhere
14 hours -
Bright Simons: Is the World Bank saving or harming Ghana?
15 hours